Accounting Practice Leader
Accounting Practice Leader
Meir is a CPA and certified NetSuite ERP Consultant who is a senior NetSuite consultant and Accounting Practice Lead with Prolecto Resources, Inc. His combined Accounting expertise and deep NetSuite knowledge, aided by a technical aptitude, provide valuable perspective into the real-world business needs of the NetSuite user community.
NetSuite’s transaction types are designed to convey the nature of business events while impacting the Accounting Ledger correctly. This article outlines workarounds when there is a need to impact an “unexpected” account type on a transaction.
This article will be helpful to users who would like to understand the underlying structure of NetSuite’s Fixed Asset Management (“FAM”) SuiteApp.
NetSuite has some great tools to help finance teams with month-end close, including the Amortization tool — and creative techniques for accrual and prepayment patterns it doesn’t natively fit.
Yardi and NetSuite are both cloud-based ERP solutions, yet each is unique to the situation it is geared towards.
Consolidated (multi-subsidiary) reporting can be confusing, especially when it comes to currency translation. Learn NetSuite’s approach and how to migrate historical foreign subsidiary balances.
